(3.230.143.40) 您好!臺灣時間:2021/04/21 18:03
字體大小: 字級放大   字級縮小   預設字形  
回查詢結果

詳目顯示:::

我願授權國圖
: 
twitterline
研究生:陳宛柔
研究生(外文):Wan-jou Chen
論文名稱:小型依賴經濟體之企業國際化對績效之影響
論文名稱(外文):The internationalization and performance implication for firms from a small dependent economy
指導教授:潘偉華潘偉華引用關係
指導教授(外文):Wei-Hwa Pan
學位類別:碩士
校院名稱:國立雲林科技大學
系所名稱:企業管理系碩士班
學門:商業及管理學門
學類:企業管理學類
論文種類:學術論文
論文出版年:2013
畢業學年度:101
語文別:英文
論文頁數:46
中文關鍵詞:企業國際化小型經濟體公司績效
外文關鍵詞:Internationalizationsmall dependent economicROA
相關次數:
  • 被引用被引用:0
  • 點閱點閱:75
  • 評分評分:系統版面圖檔系統版面圖檔系統版面圖檔系統版面圖檔系統版面圖檔
  • 下載下載:0
  • 收藏至我的研究室書目清單書目收藏:2
在急劇變化的環境下,台灣企業正面臨巨大的挑戰,為了獲得競爭優勢,提高在國際市場上的獲利能力,國際多角化的組合策略被認為是普遍使用的策略之一。
這項研究主旨在了解台灣的產業之國際多樣化和公司績效之間的關係,此外,我們更探討了台灣企業對大陸的依存度對公司績效之影響及資本性支出對績效的調節效果,再者,我們利用聯立方程式檢驗國家的多樣化對績效的內生性問題。
我們的研究結果顯示,國際多樣化和公司績效之間的呈現曲線關係。對台灣產業來說,適度的依賴大陸可以使績效變好,但過度依賴反而會造成績效折扣現象。另外,具有較高的資本性支出將產生較高的公司績效和國際化程度。
Under the dramatically change of environment, Taiwanese enterprises are confronting great challenges. Firms from Taiwan, a smaller economy without plenty of natural resources and big market potential, have to born internationally for bigger market and external resource. Therefore, a balance between international diversification and dependency on China certainly became very critical issues. As 85% of Taiwanese FDI is highly concentrated in China, its total assets are largely deployed in a single host country; foreign sales/overseas sales come from a single overseas market. In order to obtain the competitive advantages and increase profitability in international market, diversification portfolio is considered as one of the commonly use strategies strategy while firms decide to go abroad.
Abstract II
List of table V
List of figure VI
Chapter One-Introduction 1
Chapter Two-Literature review 3
2.1 Overview 3
2.2 The drivers of globalization 3
2.3 Global Strategy 5
2.4. Internationalization and Performance 6
2.5 Dependence and performance 7
2.6 Industrial Opportunity Contingency 8
Chapter Three-Data &; Method 10
3.1 Framework of This study 10
3.3 Measurements 15
3.3.1 Dependent variable 15
3.3.2 Independent variable 15
3.3.3 Moderator 16
3.3.4 Control Variables 16
Chapter Four- Result 19
4.1 Descriptive statistics and Multicollinearity test 19
4.2 Random Effect/Fixed Effect Analysis-Hausman Specification test 21
4.3 The Performance and Configuration between internationalization and Dependency 21
4.4 Simultaneous equations 25
4.3 The moderating effect of capital expenditure on performance- internationalization relationship 27
Chapter Five- Conclusion 30
5.1 Summary 30
5.2 Implication for business practices 31
5.3 Suggestion for future research 33
Website
Ministry of Economic Affairs, R.O.C. http://www.moea.gov.tw
Market Observation Post system http://newmops.tse.com.tw
Taiwan Economic Journal Data Bank http://140.125.246.53/tejcount/
English
Alan Rugman / Chang H. Oh,(2008) Business and Politics. Friedman''s Follies: Insights on the Globalization/Regionalization Debate
Berger, P. G., &; Ofek, E. (1995). Diversification''s effect on firm value. Journal of financial economics, 37(1), 39-65.
Buckley, P. J., &; Ghauri, P. N. (2004). Globalisation, economic geography and the strategy of multinational enterprises. Journal of International Business Studies, 35(2), 81-98.
B&;uuml;hner, R. (1987). Assessing international diversification of West German corporations. Strategic Management Journal, 8(1), 25-37.
Burch, T. R., &; Nanda, V. (2003). Divisional diversity and the conglomerate discount: evidence from spinoffs. Journal of Financial Economics, 70(1), 69-98.
Campa, J. M., &; Kedia, S. (2000). Explaining the diversification discount. Working paper, Harvard University.
Capar, N. and Kotabe, M. (2003). The relationship between international diversification and performance in service firms. Journal of international Business Studies, 34(4): 345-357.
Chakrabarti, A., Singh, K., &; Mahmood, I. (2007). Diversification and performance: evidence from East Asian firms. Strategic Management Journal,28(2), 101-120.
Chang, S. J., &; Hong, J. (2002). How much does the business group matter in Korea?. Strategic Management Journal, 23(3), 265-274.
Chen, I. J., Calantone, R. J., &; Chung, C. H. (1992). The marketing-manufacturing interface and manufacturing flexibility. Omega, 20(4), 431-443.
Christensen, H. K., &; Montgomery, C. A. (1981). Corporate economic performance: Diversification strategy versus market structure. Strategic Management Journal, 2(4), 327-343.
Delios, A., &; Beamish, P. (2002). Ownership strategy of Japanese firms: Transactional, institutional and experience influences. Institutional and Experience Influences.
Denis, D. J., Denis, D. K., &; Yost, K. (2002). Global diversification, industrial diversification, and firm value. The Journal of Finance, 57(5), 1951-1979.
Doukas, J. A., &; Lang, L. H. (2003). Foreign direct investment, diversification and firm performance. Journal of International Business Studies, 34(2), 153-172.
Dunning, J. H., &; Buckley, P. J. (1977). International production and alternative models of trade. The Manchester School, 45(4), 392-403.
Fung, K. C., Iizaka, H., &; Tong, S. (2002). Foreign direct investment in China: policy, trend and impact. HIEBS.
Geringer, J. M., Tallman, S., &; Olsen, D. M. (2000). Product and international diversification among Japanese multinational firms. Strategic Management Journal, 21(1), 51-80.
Ghysels, E., &; Hall, A. (1990). Are consumption-based intertemporal capital asset pricing models structural?. Journal of Econometrics, 45(1), 121-139.
Goerzen, A., &; Beamish, P. W. (2003). Geographic scope and multinational enterprise performance. Strategic Management Journal, 24(13), 1289-1306.
Gomes, L., &; Ramaswamy, K. (1999). An empirical examination of the form of the relationship between multinationality and performance. Journal of International Business Studies, 173-187.
Grimshaw, J., Thomas, R., MacLennan, G., Fraser, C., Ramsay, C. R., Vale, L., ... &; Donaldson, C. (2004). Effectiveness and efficiency of guideline dissemination and implementation strategies.
Hitt, M. A., Hoskisson, R. E., &; Kim, H. (1997). International diversification: Effects on innovation and firm performance in product-diversified firms. Academy of Management journal, 40(4), 767-798.
Hitt, Michael, Robert Hoskisson &; Hicheon Kim. 1997. International Diversification: Effects on Innovation and Firm Performance in Product-Diversified Firms. Academy of Management Journal, 40(4): 767-98.
Ho, Y. C., Fang, H. C., &; Lin, J. F. (2011). Technological and design capabilities: is ambidexterity possible?. Management Decision, 49(2), 208-225.
Hummels, D. (1999). Have international transportation costs declined?.University of Chicago.
Jatuliavičinė, G., &; Kučinskienė, M. (2006). Globalization drivers and their impact on Lithuanian economic growth and development. Ekonomika, 73, 24-29.
Kim, K. J., Li, B., Winer, J., Armanini, M., Gillett, N., Phillips, H. S., &; Ferrara, N. (1993). Inhibition of vascular endothelial growth factor-induced angiogenesis suppresses tumour growth in vivo.
Krueger, A. O. (1997). Free trade agreements versus customs unions. Journal of Development Economics, 54(1), 169-187.
Lang, L. H. P., and Stulz, R. M. (1994) Tobin’s q, corporate diversification, and firm performance. Journal of Political Economy 102 (December): 1248–80.
Levitt, Theodore. (1983) The Globalization of Markets. Harvard Business Review, 61 (May-June): 92-102.
Lu, J. W., &; Beamish, P. W. (2004). International diversification and firm performance: The S-curve hypothesis. Academy of management journal, 47(4), 598-609.
Lu, J. W., &; Beamish, P. W. (2004). International diversification and firm performance: The S-curve hypothesis. Academy of management journal, 47(4), 598-609.
Malhotra, N. K., Agarwal, J., &; Ulgado, F. M. (2003). Internationalization and entry modes: a multitheoretical framework and research propositions. Journal of international marketing, 1-31.
Michael Geringer, J., Beamish, P. W., &; DaCosta, R. C. (1989). Diversification strategy and internationalization: Implications for MNE performance. Strategic Management Journal, 10(2), 109-119.
Michel, A., &; Shaked, I. (1986). Multinational corporations vs. domestic corporations: Financial performance and characteristics. Journal of International Business Studies, 89-100.
Montgomery, C. A., &; Hariharan, S. (1991). Diversified expansion by large established firms. Journal of Economic Behavior &; Organization, 15(1), 71-89.
Montgomery, P. L. (1985). Modular multiplication without trial division.Mathematics of computation, 44(170), 519-521.
Ohio: NorthCoast Publishers, Inc
Penrose, E. T. (1956). Foreign investment and the growth of the firm. The Economic Journal, 66(262), 220-235.
Peteraf, Margaret A. 1993. The Cornerstones of Competitive Advantage.
Robins, J. A., &; Wiersema, M. F. (2003). The measurement of corporate portfolio strategy: Analysis of the content validity of related diversification indexes. Strategic Management Journal, 24(1), 39-59.
Rugman, A. M., &; Verbeke, A. (2006). Liabilities of regional foreignness and the use of firm-level versus country-level data: a response to Dunning et al.(2007).Journal of International Business Studies, 38(1), 200-205.
Rugman, A.M. 1981. Inside the multinationals: the economics of international 57 markets.London:Croom Helm.
Ruigrok, W., Amann, W., &; Wagner, H. (2007). The internationalization-performance relationship at Swiss firms: a test of the S-shape and extreme degrees of internationalization. Management International Review, 47(3), 349-368.
Sachs, J. D., Warner, A., &;Aring;slund, A., &; Fischer, S. (1995). Economic reform and the process of global integration. Brookings papers on economic activity,1995(1), 1-118.
Sambharya, R. B. (1995). The combined effect of international diversification and product diversification strategies on the performance of US-based multinational corporations. MIR: Management International Review, 197-218.
Sawada, Y., &; Yotopoulos, P. A. (2005). Corner Solutions, Crises, and Capital Controls: Theory and Empirical Analysis on the Optimal Exchange Rate Regime in Emerging Economies. Stanford Institute for Economic Policy Research, Paper, (04-037), 04-37.
Scherer, F. M., &; Ross, D. (1990). Industrial market structure and economic performance. University of Illinois at Urbana-Champaign''s Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship.
Schipper, H., Clinch, J., McMurray, A., &; Levitt, M. (1984). Measuring the quality of life of cancer patients: the Functional Living Index-Cancer: development and validation. Journal of Clinical Oncology, 2(5), 472-483.
Schmalensee, R. (1985). Do markets differ much?. The American Economic Review, 75(3), 341-351.
Snyder, W. C., Wan, Z., Zhang, Y., &; Feng, Y. Z. (1998). Classification-based emissivity for land surface temperature measurement from space. International Journal of Remote Sensing, 19(14), 2753-2774.
Strategic Management Journal, 14(3): 179-192.
Sullivan, D. (1994). Measuring the degree of internationalization of a firm.Journal of International Business Studies, 325-342.
Teece, David, "Multinational Enterprise: Market Failure and Market Power Considerations," Sloan Management Review, September 1982, 22, 3-17.
Terpstra, V. Sarathy, R. &; Russow,L.( 2006) Global environment of business. Garfield Heights,
Tihanyi, L., Johnson, R. A., Hoskisson, R. E., &; Hitt, M. A. (2003). Institutional ownership differences and international diversification: The effects of boards of directors and technological opportunity. Academy of Management Journal,46(2), 195-211.
Wernerfelt, B. (1984). A resource‐based view of the firm. Strategic management journal, 5(2), 171-180.
QRCODE
 
 
 
 
 
                                                                                                                                                                                                                                                                                                                                                                                                               
第一頁 上一頁 下一頁 最後一頁 top
系統版面圖檔 系統版面圖檔